Arena GlobalFX Review : Fees, Pros and Cons, Reviews by Real Traders

Arena GlobalFX

Operating status: SCAM

Website: http://www.arenaglobal.asia/

Broker violations and abnormal records

Mar 22, 2023 The UK regulator FCA has issued a warning against Arena GlobalFX
The UK Financial Conduct Authority (FCA) issued a warning against Arena GlobalFX on Mar 23, 2023, revealing that this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/arena-globalfx

The UK Financial Conduct Authority (FCA) issued a warning against Arena GlobalFX on Mar 23, 2023, revealing that this broker might be providing financial services or products in the UK without authorization: https://www.fca.org.uk/news/warnings/arena-globalfx
Mar 23, 2023 BrokersView has reviewed that Arena GlobalFX is an unregulated broker
Arena GlobalFX presents zero details on its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. In addition, the Financial Conduct Authority (FCA) has issued a warning against Arena GlobalFX, revealing the said firm is unauthorized.
The truth is, Arena GlobalFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

Arena GlobalFX presents zero details on its regulatory status, which is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position. In addition, the Financial Conduct Authority (FCA) has issued a warning against Arena GlobalFX, revealing the said firm is unauthorized.The truth is, Arena GlobalFX is not regulated by any regulators. Letting this broker hold or control investors' money is unsafe, and the money can not be protected by any laws. Therefore, it is a scam.

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FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

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